Department of Trade, Industry and Competition

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Department of Trade, Industry and Competition
List
  • 10 other official names:
  • Departement van Handel en Nywerheid (
    Afrikaans
    )
  • umNyango wezeRhwebo namaBubulo (Southern Ndebele)
  • iSebe lezoRhwebo noShishino (Xhosa)
  • uMnyango Wezohwebo Nezimboni (Zulu)
  • Litiko Letekuhwebelana Netetimboni (Swazi)
  • Kgoro ya Bogwebi le Bohlagiši (
    Northern Sotho
    )
  • Lefapha la Kgwebisano le Indasteri (Sotho)
  • Lefapha la Kgwebisano le Madirelo (Tswana)
  • Ndzawulo ya Mabindzu na Vumaki (Tsonga)
  • Muhasho wa Mbambadzo na Nḓowetshumo (Venda)
Logo of the department
Department overview
JurisdictionGovernment of South Africa
HeadquartersThe dti Campus, 77 Meintjies Street, Sunnyside, Pretoria
25°45′02″S 28°12′00″E / 25.75056°S 28.20000°E / -25.75056; 28.20000
Employees1,140 (2009)
Annual budgetR6,150.1 million (2010/11)
Ministers responsible
Department executives
Websitewww.thedtic.gov.za
Map
Map

The Department of Trade, Industry and Competition (DTIC) has a mandate to develop the

intellectual property law), promoting and regulating international trade, and consumer protection
.

The political head of the department is the

Minister of Trade and Industry, who is assisted by a Deputy Minister. As of 2023, the minister is Ebrahim Patel and the deputy ministers are Nomalungelo Gina and Fikile Majola. The executive head of the department is the Director-General of Trade and Industry.[2]

Investment in Startups

In May, 2024, Microsoft AI Startup initiative and the DTIC agreed to a R1.32 billion investment for skills development in emerging technologies among black-owned SMMEs. The investment is intended to prepare South African startups for the "fourth industrial revolution".[3] Small business will learn how to leverage the "companies cloud infrastructure, AI tools, and go-to-market support", so that they can scale.[4]

In the 2010 national budget, the department received an appropriation of 6,150.1 million rand, and had 1,140 employees.[5]

Subsidiary agencies

The dtic Group includes various subordinate agencies which perform specific functions. These agencies are classified in three "clusters", as follows.[6]

Development Finance and Small Business Development Institutions

Regulatory Institutions

Standardisation, Quality Assurance, Accreditation and Metrology Institutions

See also

References

  1. ^ https://www.thedtic.gov.za/department-of-trade-industry-and-competition/
  2. ^ "dtic Annual Report - 2022" (PDF). Archived from the original (PDF) on 29 May 2023.
  3. ^ https://htxt.co.za/2024/12/big-names-ramp-up-investment-into-african-ai-startups/
  4. ^ https://africabusinesscommunities.com/tech-24/microsoft-announces-plans-to-leverage-ai-to-fast-track-growth-of-startups-in-africa/
  5. ISBN 978-0-621-39079-7
    . Retrieved 3 September 2010.
  6. ^ "Overview of the dti Group". Department of Trade and Industry. Retrieved 26 May 2016.
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